LG Innotek and KAIST Collaborate on Future Technologies Including Semiconductors and Robotics
Signing of MOU for Joint Development and Talent Acquisition
Continuous Discovery of Additional Collaborative Projects
LG Innotek is collaborating with the Korea Advanced Institute of Science and Technology (KAIST) to jointly develop future technologies and secure outstanding talent.
LG Innotek announced on the 3rd that it has signed a Memorandum of Understanding (MOU) with KAIST for joint technology development in new business areas and securing top talent.
The signing ceremony held on the 2nd at KAIST's Daejeon headquarters was attended by key executives from LG Innotek, including Moon Hyuk-soo, CEO, Noh Seung-won, Executive Vice President and CTO (Chief Technology Officer), and Lee Dong-hoon, Senior Vice President and CHO (Chief Human Resources Officer), as well as KAIST officials such as President Lee Kwang-hyung and Vice President of Research Lee Sang-yeop.
Through this industry-academia collaboration, LG Innotek and KAIST will jointly develop future technologies over the next three years in fields such as optics, semiconductors, mobility, and robotics. Key cooperation items include ▲development of next-generation imaging devices ▲detection of micro-defects on substrates ▲development of autonomous driving sensors ▲development of control technologies for robot components.
LG Innotek possesses outstanding core technologies and global No.1 experience in optics and substrate businesses in areas such as sensing, substrates, and control. KAIST is globally recognized for its expertise and research achievements in sensing, materials, and artificial intelligence (AI). The two sides are expected to accelerate future technology development through synergy.
LG Innotek signed a business agreement for industry-academic cooperation with KAIST at the KAIST headquarters in Daejeon on the 2nd. Key officials from both LG Innotek and KAIST attended the signing ceremony. (From left in the photo) Sangwook Kim, KAIST Principal Researcher; Sangyeop Lee, Vice President; Kwanghyung Lee, President; Hyuksu Moon, CEO of LG Innotek; Seungwon Noh, CTO (Executive Director); Donghoon Lee, CHO (Managing Director). Photo by LG Innotek
View original imageGoing forward, both parties plan to continuously discover additional cooperative projects and expand collaboration into the next-generation biohealth sector. LG Innotek also plans to select KAIST students participating in industry-academia projects as industry-academia scholarship recipients, provide scholarships, and actively secure outstanding talent through recruitment linkage.
President Lee said, "Collaboration with LG Innotek will be an important stepping stone for developing future core technologies in fields such as optics and semiconductors," adding, "The combination of LG Innotek’s rich global business experience and KAIST’s world-class research capabilities is expected to produce practical and groundbreaking research outcomes that will lead future industries."
CEO Moon said, "This collaboration will be a key driving force for LG Innotek as it expands its business portfolio from mobile to semiconductors, mobility, and robotics," and added, "Together with KAIST, a world-class research institution, we will showcase future technologies that can provide differentiated customer value."
Hot Picks Today
"Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- [Breaking] Samsung Labor-Management 'Performance Bonus Negotiations' Fail in Third Mediation... Union Says "General Strike to Proceed as Planned Tomorrow"
- "Not Jealous of Winning the Lottery"... Entire Village Stunned as 200 Million Won Jackpot of Wild Ginseng Cluster Discovered at Jirisan
- Bull Market End Signal? Securities Firm Warns: "Sell SK hynix 'At This Moment'"
- "Even With a 90 Million Won Salary and Bonuses, It Doesn’t Feel Like Much"... A Latecomer Rookie Who Beat 70 to 1 Odds [Scientists Are Disappearing] ③
Earlier, CEO Moon stated in his speech at the March shareholders' meeting that he aims to grow the semiconductor components and automotive components businesses to annual sales of over 3 trillion KRW and 5 trillion KRW respectively by 2030.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.